Mortgage Underwriter

Duties and Responsibilities:

• Review and verify loan applications and support documentation.
• Analyse loan risk and request additional information as necessary.
• Ensure compliance with regulatory standards.
• Ensure compliance with company policies and guidelines.
• Determine and document loan conditions, communicate requirements, and/or decisions.
• Identify portfolio risks resulting from the clients underlying business practices.
• Document and effectively communicate reasons for the approval/rejection of loans.
• Such other activities as may be assigned by your manager.

Required Skill-Sets:

• Demonstrated understanding of mortgage guidelines and policies for VA, FHA, FNMA, FHLMC & USDA
• Analysis and Calculation of qualifying income from various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.
• Analysis of Credit Reports and Bank Statements
• Experience with both AUS and manual underwriting methods including DU and LP.
• Working knowledge of running and reviewing third party loan-level Fraud Reports (Fraud Guard, Fraud Manager or DRIVE) would be preferred.
• Experience of working on Non-QM loans (Jumbo and Bank Statement Programs) in addition to AUS loans would be preferred.
• Working knowledge of industry recognized LOS such as Encompass, BytePro, Calyx, Empower or Lending QB.

Requirements:

• 5+ years of recent US Mortgage underwriting (Residential) front-line experience
• compliance review/ Disclosures Preparation/ Closing/ Doc Preparation and/or due diligence (post-close) experience in the residential mortgage industry
• Knowledge and familiarity with current mortgage policies/procedures, compliance laws and regulationsincluding TRIDand understanding of mortgage regulatory changes
• High producer with attention to quality
• Strong commitment to customer service and satisfaction
• Excellent time management skills
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
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• Detail oriented, with superior verbal and written communication skills
• Strong PC skills, with demonstrated proficiency with Microsoft Office
• Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary customer service
• Demonstrate professional behaviour including:
• o Positive attitude
• o Punctuality
• o Dependability
• o Understanding and adherence to company policies and procedures

Special Requirements:

This is a work from office role and will require the person to work in the US hours (India Night Shift)